Stocks opened lower on Thursday with low participation of investors as investors were mostly cautious of the market’s trend due to uncertainties over the ongoing economic and political tensions. The record non-performing loans in the banking sector coupled with downgraded sovereign ratings o
BD Thai Food & Beverage has performed poorly since its listing in January 2022, with its profit plunging to rock bottom in FY24, thanks to an "unusual" loss in the final quarter. It reported a profit of Tk 38.88 million for the nine months through March this year, while the annual profit fell to a
The daily trade turnover on the Dhaka Stock Exchange (DSE) tumbled below Tk 4 billion on Wednesday after three weeks as investors were mostly reluctant to make fresh bets on stocks amid macroeconomic concerns. Turnover, a crucial indicator of the market, was Tk 3.93 billion on the country's premie
Stocks opened lower on Wednesday with low participation of investors as investors were mostly cautious of the market’s trend due to uncertainties over the ongoing economic and political tensions. The bourses remained sell-dominant as investment appetite remains subdued amid the market’
Five listed banks have received approval of the securities regulator to raise Tk 20 billion in total by issuing subordinated bonds to strengthen their Tier-II capital base under Basel-III norms. The approval came at a meeting of the Bangladesh Securities and Exchange Commission (BSEC) on Tuesday,
The stock market regulator has fined Director of Southeast Bank Alamgir Kabir Tk 120 million for breaching insider trading rules in trading in shares of Bay Leasing and Investment. He is among the three individuals penalised for the same offence. The two others are former director of Bay Leasing a
SS Steel Limited reported total revenues of Tk 24.07 billion (Tk 2,407.16 crore) for the fiscal year ending 30 June 2024, registering an annual growth of 62 per cent. The net profit of the steel manufacturer rose to Tk 56 million, up from Tk 17.60 million in FY 2022-23, according to a financial up
Stocks opened with a mixed trend on Tuesday with high volatility as investors were active on both sides of the trading fence amid ongoing earnings disclosures. The market observed volatility initially as buyers and sellers remained active on both sides of the trading fence to grab the realm of the
Japanese Ambassador Iwama Kiminori has stressed the need for improving Bangladesh's business environment in all aspects. Such improvements are crucial for opening up new avenues for cooperation between Japan and Bangladesh to reap the benefits of the Economic Partnership Agreement (EPA), he said.
Islami Bank PLC is set to raise Tk 200 billion from the stock market by issuing new shares. Besides, shares belonging to S Alam Group, which were seized by Bangladesh Bank (BB), will be sold to investors to generate capital, aiming to bolster money circulation and alleviate the ongoing cash crunch
The Dhaka Stock Exchange (DSE), the country's main capital market, began Monday morning with a downtrend. Within the first hour, a total of 42.60 million shares and units were exchanged through 46,330 transactions, generating a trade value of Tk 1.42 billion. In total, 363 companies participated
Newly-listed Techno Drugs endured a 24 per cent year-on-year decrease in profit to Tk 78 million in the first quarter through September of FY25, mainly due to lower sales for dwindling demand from the government. The earnings per share (EPS) fell to Tk 0.63 for July-September this year from Tk 1.0
Stocks opened positive on Sunday with high volatility as investors were active on both sides of the trading fence amid ongoing earnings disclosures. The market observed volatility initially as buyers and sellers remained active on both sides of the trading fence to grab the realm of the market mom
